Bitcoin Forum

LEGALIZATION OF BITCOIN EVERYWHERE IN THE NEAR FUTURE

SAVE SAVE SAVE!!!
BITCOIN WILL SOON OVERTAKE BANKS AND OTHER NOTABLE CURRENCIES IN THE WORLD.
I HAVE SAVED UP TO ALMOST A 0.4 BTC AND STILL YEARNING FOR MORE THAN EVEN 1BTC.
BUT DOES ANYONE COME TO REALISE IF BITCOINS WILL BE CLOSED SO I DON'T INVEST ALL MY MONEY INTO BITCOINS?

I do agree bitcoin is being accepted in different countries and soon it will be legal in almost every part of the world.  Though Bitcoin have great potential, I don't think it will overtake banks and other national currency.  Government always wants centralization which contradict bitcoins nature.  Probably bitcoin is best as alternative to fiat currency.

In terms of investment.  It is always best to diversify.  Do not put all your egg in one basket.  This is what successful investors say.

SORRY I FORGOT TO DROP A LINK (VIDEO)

https://web.facebook.com/CryptoMoneyMakers/videos/463475457328142/

HAVE A LOOK AT THISSSS....

And the coming bitcoin developments will make a sudden catapult on bitcoin prices. Once bitcoin problems get settled more and more people will adopt it. Who cares about governments not approving it for as long as they aren't prohibiting it.  ;D

if some issue about the speed of transaction will be settled properly more and more new comers will join the ride here and place their investment
i like to see more progress as we all knew bitcoin is really a successful investment from all of us who knew it much earlier and to those that will come and ride with us just trust the system and never be shaken when you see the price went down, keep it up..keep the rise moving forward.

Of course, though bitcoin really grows, it's always dependency and cash, moreover, the government will control it, they will never let bitcoin out of their control. The government always promotes their currency, a virtual currency that is never allowed to grow over their currencies. They only use bitcoin as a means to develop their economy.

Countries have started to accept bitcoin and it is best to keep at least one bitcoin into your wallet for future use. The possibility that bitcoin will cease to exist is many years before possible occurrence. Thus it is good to invest in bitcoins today and harvest our profit after a year. Sooner or later more countries will follow the footstep of Japan and if you dont own bitcoins at this moment you will regret it in the future.

I agree it is best to save bitcoin, buy it when we have extra money.  Bitcoin is strongly becoming global cryptocurrency.  Different countries are now trying to ride its success.  The only thing that is preventing bitcoin to explode is the scalability but it seems there is some light on it now.  Let us wait and see how Bitcoin fly beyond the moon!

Actually bitcoin has stopped traveling places right now. Stuck at 22xx USD for a few days now, still a positive sign but not a sign of bitcoin traveling places. Yes many countries have accepted it and this gave a huge boost to the price to make it reach all time high of 2765 or 2785 USD but it ended right there. It was a short trip. I agree with you that bitcoin will "travel" places in the distant future. Traveling is not the right word to use though for bitcoin as bitcoin has no boundaries, it goes wherever it likes. We can send it worldwide without any limitation.

Bitcoin will not closed or what so ever or will be gone in thin air, so just invest as much money as you can because the price would still rise, I already an making a 1 BTC anytime soon and still increasing my save on bitcoin, and I think bitcoin has already overtake any notable currency in the world that is why banks are really irritated on how bitcoin rise in supremacy with it's value.

as much as i believe in bitcoin's future and thing it will become big but i seriously doubt that it can replace any fiat currencies!
the first reason is that the government won't allow it! the second reason is that people won't want it! they will always prefer the centralized good old money they can easily understand. and that way of thinking won't change for many years to come.

as for your investment question, don't invest all your money! what you have already is good. increase it only if you can afford it.

If someone thinks that banks will disappear, that there will be no more national currencies and bitcoin will be the only currency in the world is that person lives in a fantasy world or doesn´t know how the world works. For this utopia to be real, all the governments of the world and all financial institutions would have to fall. There would have to be a cataclysm so great that the only trade left would be apples for pears.

Governments will continue to issue their currencies, backed up, over which they will have decision-making power. Banks will continue to exist and continue to dominate the world. The national currencies will have their virtual version. Bitcoin will be a great alternative and will be used globally in all parts of the world. That is all.

Bitcoins going legalize on each country in the world is a common thing that may happen in the near future,but overtakin banks? thats what i think is too much expectations to deal with bitcoins,but may still happen

It is a good thing to know that Bitcoin is being more recognized and we can say legal nowadays but it still has a lot way to go. We need to accept the fact that it cannot overtake the banks and replaced each countries' currency.

But still, it is a good thing to save and keep earning your bitcoin since we never know what might happen in the future.  ;D

Although I am also optimistic with Bitcoin it does not mean we have to face Bitcoin with closed eyes and be emotionally swayed by all the good news heaped on Bitcoin so much so that we will not diversify. Bitcoin is not everything here.

This is good bitcoin to legalized everywhere in the near future. Nowadays, bitcoins is being adopted in any countries and good to know this is going to top but cannot be overtake banks. Thus, saving bitcoin is a nice decision because I beleive it will continously increasing its price.

I agree too.. for now I save my bitcoin for long term investment and I know it is a great investment for now because bitcoin has continuously rising followed by ethereum, I also hold ethereum coins this two cryptocurrencies would be great investment.

It would be great that if you visit or travel every places be sure that those place will also accept bitcoin or you must have pocket money in case of emergency...

Bitcoin is slowly being adopt in manh countries and we know that it is the latest and hightechnology in currency the cyptocurrency so we cant say that it will disappear that in my conclusion it will be the future of money all over the world it have the most potential being a mainsteamt currency.

I agree with you.Bitcoin is slowly conquering all places and if people will only realize its potential,then it would be easy for the government to legalize and adopt the digital currency.After all,i can say that bitcoin is not a loss,its an asset for everybody especially for all the bitcoin earners.

Well its already happening, and bitcoin already change the way we transact online. Look at Japan, Philippines and some countries are already studying to legalize and recently in the news its Russia. Australia, India and some western countries has already a framework. Yeah, we have to start saving bitcoin now  ;D

Bitcoin won't be closed, that is impossible to happen... Some countries can ban it, so you can't use Bitcoins "theoretically", but I'm sure even if it happens, there will be some tricks to use Bitcoin in countries where it's forbidden, but if you want to use it safely you will need to move yourself to another country more "civilized", because countries that ban Bitcoin in my opinion aren't civilized...

First of all, some may think that the use of all caps to be annoying, so if you can, use them only when you want to give emphasis to something, now on topic, bitcoin has the potential to do so, but even if bitcoin is able to do that we should not expect that to happen any time soon, we mus be realistic about what bitcoin an do in the short term, the first thing we need is for segwit to get approved or some other method to speed the transactions.

Countries that don't like bitcoin is perhaps a authoritarian regime and they don't want to bitcoiin to compete against their local currency. Another issue I saw is that they believed that bitcoin is being used for illegal purposes only like ponzi's, buying drugs in the dark web etc. Of course those citizens will always find a way to used bitcoin even if it is ban on their country. Bitcoin can't be stop because its a new revolution.

Is it the latest trend, ask one question in title, then give a view and then again change the view. Anyways of course Bitcoin will be accepted sooner by all countries it's a matter of if not when. No it won't ever come to an end, and if you want to earn more do some jobs, or sell your skills, or move to Japan they may donate you some satoshi's to make your rich lol. Op just relax and make merry with Bitcoins, the reason why no one is putting entire money in Bitcoin is we need Fiat for other expenses also. So wait for the bull run to begin again, I am positive it shall rise and make us rich again.

Japan is currently the only country where the government have opened their doors to Bitcoin with little or no limitations. The rest of the world have crippled the technology with strict rules based on KYC/AML regulations. Some still have issues with it's definition as a currency or a commodity. ^hmmmmm^

India had a heated debate on the subject this week and Russia is still considering it's options.

There are some set of people and say that bitcoin is being used in the illegal activities and implementing bitcoin in ponzi schemes like doubling or something. As bitcoin is legal in Japan, bills passed for bitcoin in Australia and Philippines, Some blockchain technology implementation is on  Dubai and palestine. These kind of the thinks will take bitcoin to moon.

I agree, the number of countries who accepted bitcoins are increasing and this is a good signal for us to save bitcoin because the demand are increasing and maybe the supply cant handle it so the price will up soon. the future of bitcoin is clearly bright, lets be part of it.

There are a lot of "ifs" "ands" or "buts" related to having Bitcoin actually go on a meaningful bull run that isn't something like the stuff we've been seeing recently. There is a lot of speculation within the market and everyone just doesn't want to see the bubble pop. It isn't really being kept up by anything beyond that, since the demand seems to be only that of keeping it around the same value or getting it higher, and everyone is holding to see where it will go.

australia and russia are enar to come to follow the same path as japan, other country will be left behind, besides we don't need all the country to accept bitcoin as a currency to have it go "to the moon"

if the strongest country or the most noteable acecpt it as a currency, increasing to 50k, or 100k would be a joke, even if now it sounds hard to do

Yes it's the place to find the latest news from bitcoin itself.
Bitcoin will issue a price that we do not know,it's always a surprise.
He will solve the problem is finished, then more and more people who would join and adopt bitcoin.

With the conclusion that bitcoin is going places or as you put it that its travelling, I agree but the conclusion that it will replace national currency or cash is not something I would subscribe to because it cannot happen. Even with the advancement in the banking system which has evolved in a gradual process, and with emphasis on cashless policy in addition to several equipment and infrastructure deployed to aid this, cash is still very much paramount in the system and that's to say how long it will take bitcon which solely rely on the internet to make that a possibility.

I'm looking forward to where Bitcoin ascends to once (if this is the solution chosen) SegWit2x comes on board in a couple of months.  We should then go back to seeing much faster transactions and hopefully lower fees.

Yes I agree, that bitcoin is being accepted
on the different countries and we can see
that bitcoin will have a very great future.

What do you think what will happen to Bitcoin if Banks implement it? Do you think that we should go to a bank open an account for Bitcoin? Because if ever that happens i will stick to my online wallet instead of opening an account in Bank to use for Bitcoin because we all know that bank always gets a cut to our deposited money. And about Bitcoin closing no one can predict that.

You should just continue saving bitcoin because the legalization of bitcoin is keep coming and more and more countries are now accepting bitcoin to their country and some of the government already made bitcoin as  a legal currency so expect more demand in the market that can make the price even higher so saving at least 1 bitcoin for the future is still a smart idea.

Being obsolete might be the proper term, but with bitcoin facing healthy competition from some altcoins, chances are the development team are going to do their best to keep bitcoin the top crypto currency available. I am not so keen on banks offering bitcoin, because that would simply mean another layer in which transactions has to go through. Another layer means more time it takes for every transaction and might even mean more expenses at slower transaction speeds.

Well that is basically my plan. I have been trying to save my Bitcoin for a very long time and now I almost have a Bitcoin. I am still buying and trading so that I can earn even more Bitcoin. However, I have invested in some other stocks and altcoins so that all my eggs aren't in one basket.

I utmostly agree with you. Even in my country, the rate at which it is moving within families like virus is amazing. Now, everyone is getting obsessed with bitcoin. The only thing I am looking forward to now is the country legalising it. If all countries start legalising, I am sure the value will skyrocket like something else and most of us will smile.

Banks are not a currency.

I think you just need to be active these days so you can be updated on what is happening, there are some controversies about the upcoming month of August about UASF, there are a lot of predictions about these and we still don't know what might happen.

Just can't imagined how come others want bitcoin to replaced banking industry or directly the fiat currencies.

Ok there are negative banks issue generally but not as a whole. Diidn't they know that banking industry helps people in many ways?Can bitcoin do all banks can do? Of course not since it's a currency so I will transfer the concern to bitcoin exchanges or institutions. It's really good that bitcoin increases it price over time but to think that bitcoin will overtake all currencies is too much. Just take advantage of what we have today.

We can already notice the adoption of bitcoin as of now on which its gradually being used and accepted on some countries as of now which we can really say because on the price itself its already a proofs that theres really an adoption and acceptance but talking about overtaking notable currencies in the world then I would somehow disagree on that one because no matter bitcoin would fly its wings it would really remain as a digital currency and its not possible to replace any fiat currencies.

Legalization of bitcoin is correct but overtaking of banks and other notable currencies is not true, because bitcoin is decentralized and no government will ever want to make their currency decentralized. However price of bitcoin is climbing and it is good to invest it in, risk may include but hope for the best.

I don't think recognition of the bitcoin through the legal aspect would affect the existence of the bitcoin. In fact, it would help the companies to optimize their financial structure and save the costs. Many people would join bitcoin if it is legalized by the law. Sorry but I couldn't relate the topic name and the contents of the topic.

dude, stop using capslock. its not nice to read and look at.

anyway, i dont think bitcoin will close or die soon. we see an increasing support from the community. just hold your bitcoin. it will benefit you in the near future.

Bitcoin is not here displace the banks
am sure it will continue to coexist with fiat and probably give other payment gateways like Perfect Money, Skrill, Paypal good competition

Hold now while bitcoin price is still low and I do not find any reason why anbody will want to close bitcoin regardless of that only a failed network can put btc out of business until then long live bitcoin

I read some info in social media that bitcoin cannot be close experts said. Possible it drop again soon from high rates to low but not to closed. So many people not vote or favor when bitcoin is closed cause bitcoin is know in almost part of the world. Some of the shop, store accepting bitcoin payments in some country so they know the value of bitcoin in the economy. Some people said bitcoin can be partners in some banks and predicted that bitcoin can be legalize money currency approved by the government.

This is a good news coming from the experts, bitcoin are now spreading around the world, and some bank accepted it already bitcoins and altcoins are doing so well as of today. And hopefully in the future bitcoin will become more valuable asset we ever have.

There is no doubt that bitcoin price will go higher and it is the right position today for those people who wish to make money on bitcoin to buy now or just hold. I choose the second variant, because of I haven't money to buy bitcoin, but the signature campaign gives me the greatest opportunity to make bitcoins and to stay some part on the side.

You are right that bitcoin will surely increase in price and insuring that you will have enough bitcoin for the upcoming value rise is the common thing to do, and not having money for buying bitcoin is not a problem because of certain signature campaign that can give you bitcoin so you can start with investing and trading in different sites, but you still new to read the signature campaigns condition before anything else, this is so you can have a knowledge in what to do for the do's and don't on a signature campaign.

This is the great time to invest in bitcoin, so many countries already looked at bitcoin and will legalise it, it's mean there will be more people using bitcoin and more business will accept bitcoin, in the future we can live by only using bitcoin and we can travel around using bitcoin

I do agree with this. So you guys better save bitcoins now. I mean in the near future, we all know that bitcoin would rise.

I really think that it will overtake the banks but lets face it,
It will never replace Fiat we will still need it for our daily needs.

As you can see now, even bitcoin doesn't regulated or legalized​ by any country the price is still raising every years. And you know what will happen if many countries start make bitcoin as a legal currency.
No doubt, save as much as you can dude.  ;D

There is no need for such "bombastic" annoucements in block letters.
Bitcoin will not overtake and replace banks and fiat currencies. Banks will always have their roles in finances as long as the world is functioning on current way.
Bitcoin can and will find its place but it will not be the only currency, you have to be realistic.

I think bitcoin will be everywhere in the near future but its not going to overtake major currencies. We should all try to be realistic.

Newbie account with another one of these 'announcements', same topic as we've seen a million times on this forum.
Typed in all caps... Don't you have something better to do than spam the forum with these nonsense topics without any real substance?

Of course that should the order of the day and so any smart investor would want to invest in something worth yielding profits over time and so Bitcoin to me is the way out and the community in as much as we are using Bitcoin in our daily procurements are also saving the larger chunks for future profits.

That's great.Bitcoin is really making its progress.And soon bitcoin will be legalized to almost countries in the world.And we are the one who will be benefited first.I can say that bitcoin has stood still inspite of all the obstacles that block its way.And in the end bitcoin succeeded in all its undertakings.

Of course, saving bitcoin now, is really a good investment. In the future 100% bitcoin will rise a lot. So when we achieve this situation we can be rich peoples. :D
Anyways, bitcoin price now is too high, but this is just the beginning. Good things come next.

Saving is always bane on economic front!
You can't assure propagation of Bitcoin around the world if you gonna promote saving among all. It is exchange, fluctuations and flow among people which promote circulation among public.
Therefore, it is only when Bitcoin used as money with 100% liquidity over store of value can make your dream come true.

The message out there is clear, everyone is saving as much as he can in order not be left out when Bitcoin finally arrives. I'm skeptical though if it will overtake the fiats and banks but it's in a good position investment wise.

There are several reasons why some may want that, the first reason is out of self interest, people want bitcoin to become adopted simply because that means we are going to benefit economically out of it, the second reason is that some don’t like banks at all and while banks are useful one of the problems, is that banks have taken over the economy and the governments and they see bitcoin as a way to erase that.

Yes I agree with that,We can already see that many countries are already accepting bitcoins but that is not enough for bitcoin to replace the banks.Banks have already reached the global acceptance.And bitcoin still needs to improve to reach that.Maybe someday it will replace the banks.

Yes this is true, bitcoin is now travelling around this world and this is a great opportunity for us to do save bitcoin because the price of it are increasing so fast. Many countries are now accepting bitcoin as mode of payment this is really great for us to be more convenient and more comfortable in paying some bills and buying the things we wanted.

I really hope so. Its only a matter of time by now
If they do this, we all are rich right now! Even the faucet users maybe?
LONG LIVE BITCOIN :D

Yap but in my  country, it is always an issue if you have a business yet you don't pay taxes. We are third a world country so I guess if they government would a adopt it then they would make sure they could at least get some percentage of it. Even our national athletes have a tax imposed on their gold medals.

OP, stop it with the capslock screaming.   We're mostly all calm adults here and have been into bitcoin for a while, and you're preaching to the choir.   Good for you that you're working toward 1BTC.  A lot of people here don't have that much,  including myself.   Unfortunately.

i think it is right that bitcoin is travelling around the world.But some countries are being hindrance to the bitcoin to be in the different places.And i hope that it can travel around the world so that many people may know the bitcoin and I think 10 or more years from now bit coin is known in the whole world

Yes so far am also saving bitcoin with future prediction i am hoping it will go epic high . If you really want to invest go for altcoins like ethereum its already proved about 250$ from less than 20$ in a time spam of 3 months also look at lite coin

Everyone here is working to save BTC and earn more of it that's why they are here. Because of being short-handed of money some are just getting by and they are just storing a little amount. In the meantime they do alts, trading, mining and campaigns and polishing their skills in programming because they believe in the potential of cryptocurrencies, not just BTC itself. The gold of the internet is on its way to a million price. If you take at look at the history of prices and prediction in the future, Bitcoin is not just travelling places, it's traveling from time to time with a different era and dogma.

Yes, I agree.

I hope to make money from bitcoin to take my family traveling from bitcoin

It's not the point about bringing our family to a travel but the topic stated here is, bitcoin today is traveling places because of it's adoption to a lot of people who really been influenced by profit that might be gain from bitcoin investments. Three or four years ago bitcoin was not uet been visible on asian countries, but if look at current situation now most asian countries were already been learning bitcoin and I heard japan is already accepting bitcoin as their mode of spending and payment transaction.

still now some countries not accept bitcoin on the other hand there are many countries accept bitcoin.Traveling,Airlines,Hotel & Restaurant etc accept butcoin.

Bitcoin will be available in some other contries and as time passes it will be available all over the world and i guess there is no doubt about that we today the is continie conquering all over the world as we know it already being started in japan so no doubt it will be available in all over the world.

Bitcoin will be accepted in so many countries in the near future. For sure it will be know just like other currencies. We may not know when these things will happen but for sure bitcoin will go places. It will help other countries to improve their economic situation. Some would disagree to bitcoin but as soon as they knew what bitcoin can really do, they will might as well allow bitcoin.

Bitcoin will surely be accepted in many countries as years past by i do believe on that and im sure i would be happy because the price of btc will surely rise as the demand rises too. So i should save BTC now so i can enjoy the brighter future of btc.